The earnings call presented a balanced perspective with notable achievements in securitizations and risk management practices, but also highlighted significant challenges due to interest rate volatility and a net loss. The commitment to maintaining dividend stability and increasing retention in correspondent production were positive aspects, while declines in loan volume and MSR fair value were concerning.

Company Guidance -

Q2 2025

During PennyMac Mortgage Investment Trust's first quarter 2025 earnings call, the company reported a net loss of $1 million to common shareholders, with diluted earnings per share at negative $0.01. Despite this loss, the company declared a common dividend of $0.40 per share for the first quarter. The book value per share as of March 31st was $15.43, a slight decline from the previous quarter. PMT emphasized its robust risk management practices, including interest rate hedging and non-mark-to-market financing arrangements, which helped navigate the volatile interest rate environment. The company's diversified investment strategy includes significant investments in mortgage servicing rights (MSRs) and credit risk transfer (CRT) transactions, which continue to perform well due to low expected prepayments and strong consumer credit strength. PMT successfully completed three securitizations totaling $1 billion in unpaid principal balance, retaining $94 million in new investments with expected returns on equity in the mid-teens. Looking forward, the company plans to maintain a consistent securitization cadence, aiming for one non-owner-occupied loan securitization per month and one jumbo loan securitization per quarter. The company's current run rate reflects a quarterly average of $0.35 per share, slightly down from the previous quarter, with potential for improvement if the yield curve steepens.

Successful Securitizations

Completed three securitizations of investor loans totaling $1 billion in unpaid principal balance, retaining $94 million in new investments with returns on equity expected to be in the mid-teens.

Strong Risk Management

Diversified investment portfolio, efficient cost structure, and strong risk management practices, including interest rate hedging program and unique non-mark-to-market financing arrangements.

Dividend Stability

PMT declared a first quarter common dividend of $0.40 per share despite market challenges.

Increased Retention in Correspondent Production

PMT retained 21% of total conventional correspondent production in the first quarter, up from 19% in the fourth quarter.

PennyMac Mortgage (PMT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PMT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 30, 2025	2025 (Q2)	0.36 / -	0.17	―	―	―
Apr 22, 2025	2025 (Q1)	0.38 / -0.01	0.39	-102.56% (-0.40)
Jan 30, 2025	2024 (Q4)	0.36 / 0.41	0.44	-6.82% (-0.03)
Oct 22, 2024	2024 (Q3)	0.35 / 0.36	0.51	-29.41% (-0.15)
Jul 23, 2024	2024 (Q2)	0.34 / 0.17	0.16	6.25% (+0.01)
Apr 24, 2024	2024 (Q1)	0.31 / 0.39	0.5	-22.00% (-0.11)
Feb 01, 2024	2023 (Q4)	0.34 / 0.44	-0.07	728.57% (+0.51)
Oct 26, 2023	2023 (Q3)	0.29 / 0.51	0.01	5000.00% (+0.50)
Jul 27, 2023	2023 (Q2)	0.33 / 0.16	-0.88	118.18% (+1.04)
Apr 27, 2023	2023 (Q1)	0.31 / 0.50	-0.32	256.25% (+0.82)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PMT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 22, 2025	$13.21	$12.29	-6.96%
Jan 30, 2025	$12.48	$13.17	+5.53%
Oct 22, 2024	$12.83	$12.69	-1.09%
Jul 23, 2024	$13.20	$12.15	-7.95%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does PennyMac Mortgage (PMT) report earnings?

PennyMac Mortgage (PMT) is schdueled to report earning on Jul 30, 2025, After Close (Confirmed).

What is PennyMac Mortgage (PMT) earnings time?

PennyMac Mortgage (PMT) earnings time is at Jul 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PMT EPS forecast?

PMT EPS forecast for the fiscal quarter 2025 (Q2) is 0.36.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing